DeGRAM | US30 short!US30 has made lower lows and lower close on the daily timeframe.
Obviously, we are in a downtrend, so we look for shorting opportunities.
Price is forming a beautiful descending channel.
We expect the price to retrace to its previous level and then go short.
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Us30forecast
LONG US30 ✅✅✅Here I expect bullish price action as the price took out sell side liquidity and rejected from bullish orderblock. The price has to fill imbalances left behind, also expect the price to take buy side liquidity.
US30 top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
US30 strongly brearishUS30 has just broken the support line and is likely start a new downtrend as we have seen long-term consolidation above. the current price action is highly brearish.
Good Buys On The Rise! Some trades are better as day trades while others can turn into long holds. It's best to learn the difference as soon as possible. I explain the concept in this video where I discuss Bitcoin and US30 next trade setups.
Disclaimer: These are my personal ideas and should not be taken as your own. Trade at your own risk.
Continued Sells For US30?I'm bearish on US30, but that does't mean a pullback can't occur. As a matter of fact I'm hoping for a pullback so I can sell at the 4 hour inside bar. I'll explain more in this video analysis.
Do you have some value you can provide? Comment down below.
No nasty or bashful comments please. Let's keep this respectful.
US30 buy opportunityHey hey friends,
US30 made a strong rejection on Monday and close green above the demand zone.
With most US stocks picking up gains, I expect US30 to rise from the demand zone after some little consolidations.
Also looking at Nas100 and S&P500 we can see all these have found bottoms and we will soon see these resuming their bullish moves.
Will be looking for long setups with 3 targets in mind.
34969, 35444 and 36748
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WILL BANKS BUY US30 ??TECHNICALS
The DAW JONES has been moving bearish ever since its highest point of 36569 and now could start moving bullish for the following reasons
1- after breaking a sting resistance price is now retesting its new support
2 - price is also touching the resistance
we may see some bearish movement as the market opens again but we are strongly bullish for the Dow Jones
HAPPY TRADING! Lungu FX team.
US30 ANALYSIS 15 - 19 FEB ANALYSIS
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DAILY TF: BULLISH ENGULFING
4HR TF: IN A CONSOLIDATION PHASE
PLAN OF ACTION
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- WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR TF TO COMPLETE BEFORE TAKING BUYS BASED ON DAILY TF BIAS
- IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND SELLS TRADES
ENTRY REASON
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- BREAK OF CORRECTION PHASE
STOP LOSS @ TO BE DETERMINED AFTER CORRECTION
TAKE PROFIT @ NEXT ZONE
Dow Jones for a much needed correction As you guys may be aware of, the stock market has a whole has been breaking all-time highs and setting records nearly every other day it seems. Besides the fact that the market is way overstretched and in need of a correction, there are many other technical factors that indicate that there will be heavy downwards movement. US30 has just closed with a daily bearish candle with substantial size in comparison to the last twelve candles that were either bullish or dojis. Through constant observation of the index, I've realized that a sharp downwards move usually follows after a large bearish daily candle closes near all time highs. Thanks to mass Euphoria and the bubble like state the market has been in, US30 has been able to trade above 31300 for the past 6 days. There has been a lot of indication of massive bearish pressure around these highs with these massive downwards wicks within these zones. The market seems to have topped around 31711 as it has pulled back more than 250 points after touching that price area. US30 has just broken out of a huge rising wedge on the four hour timeframe and is showing a huge bearish divergence on both the four hour and daily timeframe. As indicated by my projection tool, there are many gaps that need to be filled as well. There is also a lot of fundamental factors that may incite fear in these markets. Continuing rising Covid-19 cases/deaths with slow vaccine rollouts, unemployment rates, and more possible power outages may create mass panic, especially after investors may start to see the market beginning to retreat from these highs. This may be the beginning of a much needed 6%-7% correction to return to more logical levels. Ultimately I believe the this index will drop about 2000 points all the way to around 29426 before continuing upwards again. I am already in a few sell positions and I'll be setting my first targets around 30806 and second targets around 30122.
